It has been nearly three weeks since Ranil Wickremesinghe
took over as prime minister of Sri Lanka with a daunting mandate to pull the
crisis-weary country from the brink of an economic abyss that threatens to tear
it apart.
The five-time prime minister has inherited a nation
barreling toward bankruptcy and saddled with foreign debt so big that it has no
money left for basic imports. Sri Lankans are struggling to access the bare
necessities like food, fuel, medicine, cooking gas and even toilet paper and
matches.
In his new job, Wickremesinghe left little doubt about what
lies ahead. “The next couple of months will be the most difficult ones of our
lives,” he told the nation fed up with long lines, sky-rocketing inflation and
daily protests that seem to be getting out of control.
“We must prepare ourselves to make some sacrifices and face
the challenges of this period.”
Since the May 17 televised speech, the seasoned politician,
who also serves as the finance minister, has begun difficult negotiations with
financial institutions, lenders and allies, and United Nations agencies to fill
the coffers and give some relief to impatient citizens.
He has taken necessary steps like raising taxes and has
pledged to overhaul government that concentrates power under President Gotabaya
Rajapaksa, a model that many believe exacerbated the crisis.
He took over after days of violent protests last month
forced his predecessor, President Rajapaksa's brother Mahinda, to step down and
seek safety from angry crowds at a naval base. Wickremesinghe is due to deliver
a much-awaited speech in Parliament on Tuesday that many hope will showcase a
strategy to fix the crisis.
But time may not be on his side as reforms are slow and
people want results now. He’s also a one-man party in Parliament — the only
lawmaker from his party to hold a seat after it suffered a humiliating defeat
in a 2020 election.
“A person who doesn’t have a political base has an
unprecedented crisis to manage,” said Dayan Jayatilleka, a former diplomat and
political analyst.
Lines to buy fuel and cooking gas have stretched kilometers
(miles) every day, snaking around blocks, with Sri Lankans weathering heavy
rains and scorching heat to buy essential items that cost three times what they
used to. Often, they have to wait days, and many still end up empty-handed.
Jagath Chandana, 43, has been waiting in line on the
outskirts of the capital, Colombo, with a canister to buy cooking gas for two
days. “It has been crazy. We are totally helpless. It seems even Ranil can’t
resolve the crisis. They (politicians) just talk but on the ground level,
people are suffering,” he said.
For over 50 days, protesters have camped outside Rajapaksa’s
office demanding he step down.
They say economic mismanagement, policy blunders like a
hasty ban on imported chemical fertilizers that devastated crops, and a
government stocked with Rajapaksa relatives caused the crisis. At their peak in
power, six Rajapaksas occupied government posts — the crisis has seen the exit
of all except one. The other five still remain as lawmakers.
Sri Lanka has suspended repayment of nearly $7 billion in
foreign debt due this year. It owes $26 billion through 2026 out of a total of
$51 billion.
Foreign currency reserves have diminished to just two weeks’
worth of imports while Wickremesinghe prepares to obtain a bailout package from
the International Monetary Fund. On Thursday, he said any bridge financing will
depend on an IMF agreement and he was hopeful that negotiations would finish by
the end of June. The government is targeting $5 billion for repayments and
another $1 billion to pad up the country’s reserves, Wickremesinghe said last
week.
In such a volatile situation, Wickremesinghe has been able
to bring some transparency and rationality that was lacking in the previous
administration run by the Rajapaksa clan, said Jayatilleka.
But analysts also say it will be difficult for him to
deliver on some of the challenges, especially as he also faces a messy battle
to overhaul the constitution and strengthen the powers of Parliament to bring
in much-needed reforms.
“His proposals are good for medium and long term. But people
want immediate changes to take place and that they don’t see,” said political
analyst Jehan Perera, adding that some see Wickremesinghe as helping Rajapaksa
to stay in power.
In addition to demanding a new president, protesters have
for weeks pushed for a complete revamp of what they say is a broken governance
model.
For nearly 45 years, Sri Lanka has been ruled under a
powerful executive presidential system. After a thumping election victory in
2019, Rajapaksa strengthened the system through constitutional amendments that
further concentrated powers in the presidency — a move that alarmed critics at
the time too.
Wickremesinghe made a key and early pitch to roll back some
of the presidential powers. But such measures will not be easy and will require
not just the approval of the Supreme Court but also a two-thirds majority in
Parliament.
Questions remain whether Wickremesinghe would be able to
push through reforms in the 225-seat Parliament where Rajapaksa’s party holds
the majority. Some opposition parties have already thrown their support behind
the reforms, but Wickremesinghe's sole standing in the chamber could prove a
major drawback. Or it could be an asset.
His party split in 2020 amid a leadership crisis, prompting
most of the senior members to leave and form a new party — currently the
country’s main opposition.
“He has the opportunity of playing the role of a
technocratic prime minister, with his expertise and experience, unconnected to
any political party,” said Jayatilleka.
The size of the protests since Wickremesinghe assumed duties
has also been shrinking. Perera said it is tough for people to sustain the high
momentum but that as long as the economic crisis continues, so will the
demonstrations.
While signs of financial hardship and struggle remain in Sri
Lanka, there is growing hope among some that Wickremesinghe will see them
through the tough times.
“He can’t perform miracles, it will take time to resolve the
crisis because previous ministers have messed up,” said Amila Prasanna, a
carpenter. “He is trying to solve the problems, one by one, and I am sure he
will do something,” he said as he queued up for three days to buy gas.
– AP/UNB
Comment
American and British forces carried out a fresh wave of strikes Saturday against 18 Huthi targets in Yemen, following weeks of unrelenting attacks on Red Sea shipping by the Iran-backed rebels.
The strikes "specifically targeted 18 Huthi targets across eight locations in Yemen" including weapons storage facilities, attack drones, air defense systems, radars, and a helicopter, a joint statement said.
It was co-signed by Australia, Bahrain, Denmark, Canada, the Netherlands and New Zealand, who gave unspecified "support" to the new round of strikes, the second this month and fourth since the rebels began their attacks on ships in the region.
"The Huthis' now more than 45 attacks on commercial and naval vessels since mid-November constitute a threat to the global economy, as well as regional security and stability, and demand an international response," the statement said.
Huthi-run Al-Masirah television reported "a series of raids on the capital Sanaa," while AFP correspondents in the rebel-controlled city in western Yemen said they heard several loud bangs.
"The United States will not hesitate to take action, as needed, to defend lives and the free flow of commerce in one of the world's most critical waterways," Pentagon chief Lloyd Austin said in a separate statement after the strikes.
"We will continue to make clear to the Huthis that they will bear the consequences if they do not stop their illegal attacks, which harm Middle Eastern economies, cause environmental damage, and disrupt the delivery of humanitarian aid to Yemen and other countries."
Huthi military spokesman Yahya Saree was defiant, vowing in a social media statement that the rebels would "confront the American-British escalation with more qualitative military operations against all hostile targets in the Red and Arab Seas."
The UK Ministry of Defence said four Royal Air Force Typhoon FGR4s targeted "several very long-range drones, used by the Houthis for both reconnaissance and attack missions," on Saturday, at a site north-east of Sanaa.
Saturday's operation comes after several merchant vessels were struck this week in the region, including the fertilizer-filled Rubymar, whose crew had to abandon ship after it was hit Sunday and began taking on water.
Apart from the joint operations with Britain, the United States has also carried out unilateral strikes against Huthi positions and weaponry in Yemen, and downed dozens of missiles and drones in the Red Sea.
- Anti-ship missile downed -
Earlier on Saturday, US Central Command (CENTCOM) announced that an American Navy ship had shot down an anti-ship ballistic missile "launched into the Gulf of Aden from Iranian-backed Huthi controlled areas of Yemen."
The missile "was likely targeting MV Torm Thor, a US-Flagged, owned, and operated chemical/oil tanker," CENTCOM said on X, formerly Twitter.
US forces on Friday also shot down three attack drones near commercial ships in the Red Sea and destroyed seven anti-ship cruise missiles on land, CENTCOM said.
The Huthis say they are targeting Israel-linked vessels in support of Palestinians in Gaza, which has been ravaged by the Israel-Hamas war.
Following previous US and UK strikes, the Huthis declared American and British interests to be legitimate targets as well.
The Huthis will "persist in upholding their religious, moral and humanitarian duties towards the Palestinian people, and their military operations will not stop unless the aggression stops and the siege on the Palestinian people in the Gaza Strip is lifted," military spokesman Saree said.
Anger over Israel's devastating campaign in Gaza -- which began after an unprecedented Hamas attack on October 7 -- has grown across the Middle East, stoking violence involving Iran-backed groups in Lebanon, Iraq, Syria and Yemen.
Comment
Israel launched air strikes Thursday on southern Gaza's Rafah after threatening to send troops into the city, where around 1.4 million Palestinians have sought shelter from around the territory.
Global powers trying to navigate a way to end the Israel-Hamas war have so far come up short, but a US envoy was expected in Israel on Thursday to try to secure a truce deal.
International concern has spiralled over the high civilian death toll and dire humanitarian crisis in the war sparked by Hamas's October 7 attack against Israel.
More than four months of relentless fighting and air strikes have flattened much of the Hamas-run coastal territory, pushing its population of around 2.4 million to the brink of famine, according to the UN.
International concern has in recent weeks centred on Gaza's southernmost city of Rafah, where more than 1.4 million people forced to flee their homes elsewhere in the territory are now living in crowded shelters and makeshift tents.
The last city untouched by Israeli ground troops, Rafah also serves as the main entry point via neighbouring Egypt for desperately needed relief supplies.
Israel has warned it will expand its ground operations into Rafah if Hamas does not free the remaining hostages held in Gaza by next month's start of the Muslim holy month Ramadan.
- 'My daughter' -
The war started when Hamas launched its attack on October 7, which resulted in the deaths of about 1,160 people in Israel, mostly civilians, according to an AFP tally of official Israeli figures.
Hamas militants also took about 250 hostages -- 130 of whom remain in Gaza, including 30 presumed dead, according to Israel.
Israel's retaliatory campaign has killed at least 29,313 people, mostly women and children, according to the latest count by the Hamas-run health ministry in the territory.
War cabinet member Benny Gantz said Israel's operation in Rafah would begin "after the evacuation of the population", although his government has not offered any details on where civilians would be evacuated to.
In the early hours of Thursday, AFP reporters heard multiple air strikes on Rafah, particularly in the Al-Shaboura neighbourhood.
The Hamas-run health ministry in Gaza said early Thursday that 99 people had been killed around Gaza during the night, most of them women, children and elderly people.
Abdel Rahman Mohamed Jumaa said he lost his family in recent strikes on Rafah.
"I found my wife lying in the street," he told AFP. "Then I saw a man carrying a girl and I ran towards him and.... picked her up, realising she was really my daughter."
He was holding a small shrouded corpse in his arms.
- 'Possibility of progress' -
Brett McGurk, the White House coordinator for the Middle East and North Africa, was expected to arrive in Israel Thursday -- his second stop in the region after Egypt as part of US efforts to advance a hostage deal and broker a truce.
Hamas's chief Ismail Haniyeh was in Cairo for talks as well, according to the group.
Israel's Gantz said there were efforts to "promote a new plan for the return of the hostages".
"We are seeing the first signs that indicate the possibility of progress in this direction."
Matthew Miller, US State Department spokesman, said Washington was hoping for an "agreement that secures a temporary ceasefire where we can get the hostages out and get humanitarian assistance", but declined to give details on ongoing negotiations.
Israeli Prime Minister Benjamin Netanyahu has insisted the army will keep fighting until it has destroyed Hamas and freed the remaining hostages.
Israel's parliament on Wednesday overwhelmingly backed a proposal by Netanyahu to oppose any unilateral recognition of a Palestinian state.
The vote came days after the Washington Post reported that US President Joe Biden's administration and a small group of Arab nations were working out a comprehensive plan for long-term peace between Israel and the Palestinians.
It included a firm timeline for the establishment of a Palestinian state, the report said.
Separately, a report by an Israeli group that fights sexual violence said Hamas's October 7 attack also involved systematic sexual assaults on civilians, based on witness testimonies, public and classified information, and interviews.
The report came the same week UN rights experts called for an independent probe into alleged Israeli abuses against Palestinian women and girls -- which Israel rejected as "despicable and unfounded claims".
Israeli officials have repeatedly alleged the militants committed violent sexual assaults during the attack -- something Hamas has denied.
- 'Waiting for death' -
Combat and chaos have stalled sporadic aid deliveries for civilians in Gaza, while in Khan Yunis -- a city just north of Rafah -- medical charity Doctors Without Borders (MSF) said an Israeli tank had fired on a house sheltering their employees and families.
Two relatives of MSF staff were killed and six others injured, it said, condemning the strike in the "strongest possible terms".
When contacted by AFP about the incident, the Israeli army said its forces had "fired at a building that was identified as a building where terror activity is occurring", adding that it "regrets" harm to civilians.
In the same town, the Palestinian Red Crescent said another hospital was also hit by "artillery shelling".
Israel has repeatedly said Hamas militants use civilian infrastructure including hospitals as operational bases -- claims that Hamas has denied.
Comment
Prime Minister Sheikh Hasina today stressed the need for expanding business between Bangladesh and India using their own currencies.
"We can do our business through exchanges of Bangladeshi Taka and Indian Rupee. It has already started, but we have to expand it further so that we can increase our businesses," she said while Indian External Affairs Minister S. Jaishankar paid a call on the Prime Minister.
The meeting was held at Hotel Bayerischer Hof, the conference venue, here on the sidelines of the Munich Security Conference (MSC) 2024, this morning.
Foreign Minister Dr Hasan Mahmud briefed newsmen about the outcome of the meeting upon its completion.
The Foreign Minister said the Bangladesh Premier and Jaishankar attached importance to doing business between the two friendly countries through their own currencies to reduce dependency on other currencies like the US dollar.
He said Bangladesh and India have excellent bilateral relations and it has elevated to another height under the leadership of the prime ministers of the two countries.
"The relations between the countries are getting stronger day by day," he said, adding that the two leaders discussed the issues during the meeting.
Quoting Jaishankar, Hasan said, "Our relations will further be closer in the days ahead."
Bangladesh Ambassador to Germany Md Mosharraf Hossain Bhuiyan and PM's Deputy Press Secretary Md. Noorelahi Mina were present during the briefing.
Bangladesh Prime Minister arrived in Munich on February 15 evening on a three-day official visit to join the Munich Security Conference 2024.
Upon completion of the tour, Sheikh Hasina will leave Munich tomorrow night and is scheduled to reach Dhaka on February 19.
(BSS)
Comment
Prime Minister Sheikh Hasina has called upon all concerned to find ways to stop Russia-Ukraine war while holding a meeting with Ukrainian President Volodymyr Zelenskyy here.
"Prime Minister Sheikh Hasina always says we are against all kinds of war. Today, she discussed time and again about how the war can be stopped while holding talks with Zelenskyy," said Foreign Minister Dr Hasan Mahmud at a news briefing after the meeting.
The meeting between the two leaders was held at Hotel Bayerischer Hof here on the sidelines of the Munich Security Conference (MSC) 2024, this morning.
Hasan also said that they also discussed how the attacks on innocent men and women in Gaza can be stopped.
The Premier reminded all that war can't bring wellbeing for any one.
"Others can be benefitted from the war. But the war cannot bring welfare for the countries involved in war and their people have to be affected by the war," said Sheikh Hasina.
In this connection, the Prime Minister recollected her memories about the sufferings of the countrymen and she herself faced during the Great War of Liberation in 1971.
She recalled her inhuman sufferings and the birth of her only son Sajeeb Wazed Joy under the captivity of the Pakistani occupation forces during the War.
"Bangladesh's foreign policy - 'Friendship to all, malice to none’ - prominently came up in the discussion between Prime Minister and Zelenskyy," the foreign minister said.
Replying to a query, Hasan said the friendly relations between Bangladesh and Russia which got foundation during the Liberation war , will not hamper at all.
"Our relationship with Russia is very wonderful. Russia stood beside us during the Liberation War and played a pivotal role in rebuilding Bangladesh after the war," he said.
He said they only discussed how to stop the war.
Bangladesh Ambassador to Germany Md Mosharraf Hossain Bhuiyan and PM's Deputy Press Secretary Md. Noorelahi Mina were present during the briefing.
Bangladesh Prime Minister arrived in Munich on February 15 evening on a three-day official visit to join the Munich Security Conference 2024.
Upon completion of the tour, Sheikh Hasina will leave Munich tomorrow night and is scheduled to reach Dhaka on February 19.
(BSS)
Comment
Comment
American and British forces carried out a fresh wave of strikes Saturday against 18 Huthi targets in Yemen, following weeks of unrelenting attacks on Red Sea shipping by the Iran-backed rebels. The strikes "specifically targeted 18 Huthi targets across eight locations in Yemen" including weapons storage facilities, attack drones, air defense systems, radars, and a helicopter, a joint statement said.
Prime Minister Sheikh Hasina today stressed the need for expanding business between Bangladesh and India using their own currencies. "We can do our business through exchanges of Bangladeshi Taka and Indian Rupee. It has already started, but we have to expand it further so that we can increase our businesses," she said while Indian External Affairs Minister S. Jaishankar paid a call on the Prime Minister.
Prime Minister Sheikh Hasina has called upon all concerned to find ways to stop Russia-Ukraine war while holding a meeting with Ukrainian President Volodymyr Zelenskyy here. "Prime Minister Sheikh Hasina always says we are against all kinds of war. Today, she discussed time and again about how the war can be stopped while holding talks with Zelenskyy," said Foreign Minister Dr Hasan Mahmud at a news briefing after the meeting.